Sound measurement of innovation is crucial for evaluating the efficiency of public policies and programs, and assessing their contribution to achieving regional goals. Yet the data currently available cannot adequately account for the full role innovation and entrepreneurship play in today’s economy. Numerous metrics have been developed to help regions position their innovative capacity relative to peers. These indicators typically focus on inputs to idea generation, such as R&D expenditures, venture capital, and STEM( Science, Technology, Engineering, and Math ) jobs.{{Organisation for Economic Co-operation and Development, Measuring Innovation: A New Perspective, 2010,}} Due to data access and quality problems, measurements of outcomes — the economic value of new-to-market or new-to-firm innovations — remain underrepresented.{{Arnobio Morelix, E.J. Reedy, and Joshua Russell. “The Kauffman Index of Growth Entrepreneurship: Metropolitan Area and City Trends,” 2016,}} The use of indicators overly focused on inputs can lead local and regional stakeholders to overlook the importance of rapid technology adoption and other more subtle forms of innovation.{{Lee Branstetter and Daniel Sichel. “The case for an American productivity revival,” Peterson Institute for International Economics Policy Brief, no. 17-26, 2017.}} In support of performance-based approaches, CMAP and partners should develop additional information regarding public investments, regional industry trends, and economic outcomes.